Emails Reveal Jeffrey Epstein Money Financed Bitcoin Core Development
8 days ago
- #Jeffrey Epstein
- #MIT Media Lab
- #Bitcoin
- Emails reveal Jeffrey Epstein funded MIT's Digital Currency Initiative (DCI), which supported Bitcoin Core development.
- Former MIT Media Lab Director Joichi Ito acknowledged Epstein's financial assistance in an email titled 'Digital Currency Initiative.'
- MIT's independent investigation previously downplayed Epstein's connection to DCI, but new emails suggest deeper involvement.
- Epstein associate Leon Black made anonymous donations to MIT Media Lab, totaling $7.5 million, including a $5 million contribution.
- The DCI was established in 2015 to provide stable funding for Bitcoin Core developers after the collapse of the Bitcoin Foundation.
- Epstein discussed Bitcoin with Brock Pierce, a known associate, in 2015.
- MIT later revised its policy to limit anonymous donations to manage reputational risks.